Nice one!
I read his Enigma of Capital & the Crises of Capitalism a few months back and it explained a bunch of economic stuff I was always a bit hazy on.
This video is a sweet summary for anyone who hasn't read it.
Gonna make the effort to read some more of his stuff this year as well.
His argument reduces itself to the typical, one-dimensional, and unMarxist "underconsumption" "effective demand" theory-- sometimes dressed up as "fictitious capital" theory.
Really, Harvey does not "get" Marx's analysis of the contradictions of capitalist accumulation despite his claims to the contrary; or he does get it, and rejects it in favor of underconsumption/effective demand theory.
Some serious doubts about Harvery's interpretation of Marx's analysis and his understanding of Capitalist Crisis - He comes accross in many respects as a leftist neo-Keynesian.
There is a reasonable review of Harvey's 'The Enigma of Capital' on The Commune website though a fairly limited follow up discussion see:
Comments
Nice one! I read his Enigma
Nice one!
I read his Enigma of Capital & the Crises of Capitalism a few months back and it explained a bunch of economic stuff I was always a bit hazy on.
This video is a sweet summary for anyone who hasn't read it.
Gonna make the effort to read some more of his stuff this year as well.
His argument reduces itself
His argument reduces itself to the typical, one-dimensional, and unMarxist "underconsumption" "effective demand" theory-- sometimes dressed up as "fictitious capital" theory.
Really, Harvey does not "get" Marx's analysis of the contradictions of capitalist accumulation despite his claims to the contrary; or he does get it, and rejects it in favor of underconsumption/effective demand theory.
Excellent video presentation.
Excellent video presentation. Very imaginative and quite the opposite of boring - wish it were always that way!
This is really excellent
This is really excellent
Some serious doubts about
Some serious doubts about Harvery's interpretation of Marx's analysis and his understanding of Capitalist Crisis - He comes accross in many respects as a leftist neo-Keynesian.
There is a reasonable review of Harvey's 'The Enigma of Capital' on The Commune website though a fairly limited follow up discussion see:
http://thecommune.co.uk/2012/09/13/the-enigma-of-david-harvey/#more-8224
and also in the library here an earlier review by Paul Mattick Jnr of Harvey's 'Limits to Capital'
which I would recomend.